Ingles Markets CFO resigns

DanBurrows

NEW YORK (MarketWatch) -- Ingles Markets Inc.
imkte
said Friday Chief Financial Officer Brenda Tudor tendered her resignation, effective March 18. As a result, Tudor will not stand for re-election to the company's board, the supermarket chain said. The outgoing CFO, who is also vice president-finance, will stay with the Asheville, N.C.-based company in a part-time advisory role until a new CFO has been hired, the company said in a statement. No reason was given for her departure after 20 years at the company, the last eight on its board. Shares closed up 10 cents to $13.20 Thursday.

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